The Punjab VAT Rules have been amended to provide for that the input tax credit on purchase of goods from manufacturer or importer will be available to a dealer only up to the fourth stage of its ...

The head office would pay the tax under RCM (₹1.8 lakh IGST) and simultaneously issues an invoice under rule 54 (1A) to the ...

“However, e-invoicing has been implemented in many countries to complement the goods and services tax (GST) or value added tax. “It allows output tax and input tax to be matched, thus removing ...

Service sectors make up the vast bulk of the American economy, which gives trading partners some clout in trade negotiations.

The Business Times looks at the impact of the Trump tariffs on South-east Asia and the rest of the world. Read more at The ...

Need help with your tax return? Send your tax return to HMRC using the service provided by GoSimpleTax. Value added tax (VAT), is the tax applied to most goods and services though some things – ...

"Liberation Day" tariffs, like those before them, will not hurt foreign governments, but harm American consumers and ...

The amendments under consideration seek to increase the Excise Duty on petrol and diesel by Shs100 and Shs150 per liter, ...

During the specified period, Canadians will enjoy a temporary relief from GST/HST on various consumer goods and services. This initiative is part of the government's ... Consider a small retail shop ...

But cars make up a relatively small part of overall trade between Britain and the U.S., which is heavily weighted toward ...

Beijing also imposed sweeping export controls to limit the exchange of goods and services with the US. Some pertained to the export of medium and heavy rare earths to the US, including samarium ...